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Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022 (Kirsten Korosec/TechCrunch) 13-05-2023

Kirsten Korosec / TechCrunch: Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022  —  Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway. Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable” (Tracy Wang/CoinDesk) 12-05-2023

Tracy Wang / CoinDesk: Binance announces its exit from Canada, saying the country’s “new guidance related to stablecoins and investor limits” makes the market “no longer tenable”  —  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Binance announces exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the Canadian market “no longer tenable” (Tracy Wang/CoinDesk) 12-05-2023

Tracy Wang / CoinDesk: Binance announces exit from Canada, saying the country’s “new guidance related to stablecoins and investor limits” makes the Canadian market “no longer tenable”  —  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Lees verder op Tech Meme

A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access” (New York Times) 12-05-2023

New York Times: A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals’ content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content … Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme